EPS detailsNon-GAAP EPS came in at $0.23. The 30 earnings estimates compiled by S&P Capital IQ forecast $0.27 per share on the same basis. GAAP EPS were -$18.62 for Q4 against -$2.49 per share for the prior-year quarter.

Looking aheadNext quarter's average estimate for revenue is $2.43 billion. On the bottom line, the average EPS estimate is $0.48.

Next year's average estimate for revenue is $10.32 billion. The average EPS estimate is $2.97.

Investor sentimentOf Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Transocean is outperform, with an average price target of $61.02.

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